Australia ordered the sale of a Sydney mansion it alleges was illegally bought by Chinese investors last year, opening a new front-line in its battle to curb a flow of foreign money contributing to rising home prices.

With a handful of tech firms already establishing outposts in the Phoenix suburb, Los Angeles-based Stockdale Capital is planning a 250,000 square foot office building in the city’s downtown given what it sees as strong demand from other tech companies.

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